ShoreTel (ShoreTel) Debt-to-Equity : 0.00 (As of Jun. 2017)

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What is ShoreTel Debt-to-Equity?

ShoreTel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.0 Mil. ShoreTel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.0 Mil. ShoreTel's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $202.2 Mil. ShoreTel's debt to equity for the quarter that ended in Jun. 2017 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for ShoreTel's Debt-to-Equity or its related term are showing as below:

SHOR's Debt-to-Equity is not ranked ^*
in the Hardware industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

ShoreTel Debt-to-Equity Historical Data

The historical data trend for ShoreTel's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ShoreTel Debt-to-Equity Chart

ShoreTel Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Debt-to-Equity

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0.19

ShoreTel Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of ShoreTel's Debt-to-Equity

For the Communication Equipment subindustry, ShoreTel's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ShoreTel's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ShoreTel's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ShoreTel's Debt-to-Equity falls into.

ShoreTel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ShoreTel's Debt to Equity Ratio for the fiscal year that ended in Jun. 2017 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	202.193
	=	0.00

ShoreTel's Debt to Equity Ratio for the quarter that ended in Jun. 2017 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	202.193
	=	0.00

ShoreTel (NAS:SHOR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ShoreTel Debt-to-Equity Related Terms

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ShoreTel (ShoreTel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ShoreTel Inc (NAS:SHOR) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Website

http://www.shoretel.com

ShoreTel Inc. is a provider of business communications solutions to small and medium-size businesses. The firm offers two core products: ShoreTel Connect, a unified communications solution which offers cloud, onsite, or hybrid delivery models; and ShoreTel Summit, a platform for developers and integrators. These solutions facilitate communication any time, any place, and through any device. The firm derives revenue from sales of telecommunications systems, hosted services, and related support and services. A large majority of the firm's revenue is generated in the United States, but the firm generates revenue in over 50 countries.

Executives

Kenneth D Denman	director
Bharath Oruganti	officer: SVP Worldwide Business Ops	C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085
Skidmore Constance Ellen	director	675 BERING DRIVE, SUITE 400, HOUSTON TX 77057
Keith A Jones	officer: Principal Accounting Officer	4453 N FIRST ST, STE 100, SAN JOSE CA 95134
Marjorie L. Bowen	director	225 6TH STREET, MANHATTAN BEACH CA 90266
Charles Kissner	director	170 ROSE ORCHARD WAY, SAN JOSE CA 95134
Shane V Robison	director	C/O HEWLETT-PACKARD COMPANY, 3000 HANOVER STEEET, PALO ALTO CA 94304
Thompson Edward	director	2 INDUSTRIAL WAY WEST, SAN JOSE CA 95135
Gary James Daichendt	director	2633 RIVIERA DRIVE, LAGUNA BEACH CA 92651
Michael P Gregoire	director	C/O CA, INC., ONE CA PLAZA, ISLANDIA NY 11749
Peter Blackmore	director, officer: CEO	UTSTARCOM, INC., 1275 HARBOR BAY PARKWAY, ALAMEDA CA 94502
Ava Hahn	officer: VP, Corp Dev & General Counsel	4650 CUSHING PARKWAY, C/O LAM RESEARCH, FREMONT CA 94538
Eric Salzman	director	C/O 8X8 INC., 675 CREEKSIDE WAY, CAMPCALL CA 95008
Lehman Brothers Holdings Inc	10 percent owner	1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
John W Combs	director, officer: President & CEO	4049 SOUTH HIGHLAND DRIVE, SALT LAKE CITY UT 84124